TERESA, PILGRIMS LANE, PILGRIMS HATCH, BRENTWOOD, CM14 5PR - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TERESA is a midsized extended detached house of 129m², built sometime between 1930 and 1949, which could now be worth an estimated £776,134. It was last sold for £475,000 in November 2013, which was around 18% below the average November 2013 detached price in the Brentwood local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was E.

TERESA Sold Prices

Land registry data shows two sales for TERESA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Brentwood local authority area for the corresponding sale date. Both of the two TERESA sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 20 NOV	£475,000	£579,440	18% below HPI
2000 4 SEP	£280,000	£293,561	5% below HPI

TERESA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brentwood local authority area over time, sourced from the HPI. The two TERESA sales from September 2000 and November 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2013 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might TERESA be worth now?

TERESA might now be worth an estimated £776,134.

This is based on house price inflation of 63.4%, between November 2013 and February 2025, for detached houses, in the Brentwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.4% inflationary increase is applied to the most recent sale price for TERESA of £475,000 on 20th November 2013. For the value to have increased from £475,000 to £776,134 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of TERESA has moved in line with the HPI for detached houses in the Brentwood local authority area.
• The November 2013 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of TERESA has not materially changed since November 2013.

How Large is TERESA?

TERESA is 129m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses houses in Brentwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brentwood, and where TERESA lies on this distribution: 41% of detached houses houses are smaller than TERESA, and 59% of houses are larger. Note that EPC data is not available for all properties in Brentwood.

TERESA: Plot and Title Map

TERESA sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of TERESA, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of TERESA). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is TERESA?

TERESA is located on PILGRIMS LANE in PILGRIMS HATCH, in the CM14 postcode district. The below map shows the position of TERESA on PILGRIMS LANE.